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GBPJPY is approaching resistance, potential reversal!

Por ICmarkets
Corretora
GBPJPY is approaching its resistance at 148.24 (50% Fibonacci retracement, 76.4% Fibonacci retracement, horizontal overlap resistance) where it could potentially reverse, causing price to fall to its support at 146.25 (38.2% Fibonacci retracement, horizontal swing low support).
Stochastic (55, 5, 3) is approaching resistance at 95% where a corresponding reaction could occur.
Chart PatternsForexforexsignalsGBPGBPJPYgbpjpyshortHarmonic PatternsjpyTrend Analysis
ICmarkets
Corretora
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
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